What about educators who were willing to take on massive debt (Gnome I May We Wear Purple Lupus Awareness shirtbecause we were all told we could have the debt forgiven through the public service loan forgiveness program? He doesn’t want to forgive $50K per person? Fine. At least make it very easy to take advantage of the programs that already exist to help people with loans instead of making us fight level after level of bureaucracy only to get rejected.If the government pays off all these loans it will provide individual relief which is good – but it does nothing to improve the bad incentives that create this situation in the first place. We’ll be right where we are now with the next generation… I would like to see some discussion on possible ways forward that aren’t a bandaid.I’m just not convinced cancelling student debt would actually accomplish anything long term, unless it also comes with a complete overhaul.
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Congress won’t do both. At best they’ll wipe some current debt, but anyone taking out loans for school after that will be SoL because their loans won’t be wiped too. Anything who thinks there’s a chance in hell of this working out should remind themselves how they are handling covid relief. We should all have known Biden was never going to rock the boat.
It’s a shrewd move if a large enough portion of the voter base carries a blind grudge against Gnome I May We Wear Purple Lupus Awareness shirt who are wealthier. The working class Republicans I know certainly do. For example, trying to explain that universal healthcare plus the “standard of care” in medicine would make wealth irrelevant for most common treatments falls on deaf ears. The failure to follow a standard of care in deference to immense wealth, such as unnecessary operations or access to dangerous medicines, or a perceived inability to afford care, resulting in delayed or deficient treatment, probably worsens outcomes across the board. I think we should do the universal things, then start cutting costs as quickly as possible. Under Biden, that looks like free community healthcare and free community college below a certain income. I think they’re working out how many middle class income earners are needed to finance the more expensive options. The wealthy might be able to do it alone, but I don’t think they want to.